For about 48 hours last week, it looked like a debt ceiling fight in 2025 would be averted as ideas were floated to push the issue off until 2027 or 2029 (or even forever). But it was not to be.
RESULT OF THE SALE BY AUCTION OF £3750 MILLION OF 4⅛% TREASURY GILT 2029 The United Kingdom Debt Management Office ("DMO") announces that the auction of £3,750 million of 4⅛% Treasury Gilt ...